NU is to Nebraska what Wall Street Bankers are to America by Ivy Harper

The LJS Letter Writer declares that Auditor Foley “gave specific examples of fraudulent use of taxpayer dollars that adversely affected funds available to assist [Nebraskans]…”

A critical question: Why does Mr. Foley single out supposed low-income fraud rather than cite examples of high-income-earner fraud? [aka NU]

Despite the fact that Mr. Foley’s own office cited NU for widespread credit card abuse, you notice he does not cite NU’s abuse of taxpayer funds in his little lectures.

Again, why? Well, because for starters, NU’s President would flip out, get Foley on the line, and tell him to stop. Hello. This is the way power works.

And while the Good Senator stands up for the little guy in this case; he, too – like his 48 colleagues – is afraid to challenge/criticize/rein in NU.

Imagine if Mr. Foley recast his standard 90-minute “Auditors” speech to include NU’s monetary abuses along with an explanation of Lincoln-based NELNET’s role in receiving “unwarranted” federal taxpayer monies to the tune of nearly $400 hundred MILLION dollars.

Now, that would be courage. Not to mention – but I’m gonna – Lincoln-based Gallup’s recent settlement with the U.S. Department for defrauding the hard-working U.S. taxpayer of millions and millions of dollars.

Admittedly, NELNET + Gallup’s taxpayer fraud was federal but Mr. Foley should mention the sad FACT that two LINCON-based companies – both with GOP titans at the helm – committed SERIOUS fraud as a way of showing that fraud exists within all demographics.

So NU can mismanage money all it wants and Nebraska elected officials of both parties remain silent.

Look, until Nebraska politicians admit that NU to Nebraska is what Wall Street’s rapacious, game-rigging bankers are to America, the great economic Cornhusker divide will only get worse and widen to the point of no return. We’re almost there, my Friends.